Limits to Measurement | Statistics | Probability and Odds | Properties of Geometric Figures | Vehicle Finance |
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What is the accuracy?
How close a measured value is to the true value.
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What is the mode?
The value that occurs most often in a set of data.
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What is the probability?
The chance of an event happening.
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What is a triangle?
A polygon consisting of three line segments and three angles.
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What is fuel economy?
Expressed as the number of litres of fuel required to travel 100 kilometres.
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What is the nominal value?
The target value for a measurement.
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What is the median?
The midpoint of an ordered data set; half the values are higher and half are lower.
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What are the odds?
A ratio that compares a desired event to the number of undesired events, or vice versa.
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What is a quadrilateral?
A four-sided polygon lying on a single plane.
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What is depreciation?
A decrease in the value of something as it gets older.
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What is the precision?
The smallest measurement on the measuring device being used.
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What is the trimmed mean?
The mean calculated by disregarding an equal number of data points from both ends of the range.
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What is a random sample?
A sample randomly selected from a larger population.
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What is a regular polygon?
A polygon with congruent side lengths and congruent interior angles.
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What is a down payment?
An amount paid in cash which goes toward paying for the vehicle.
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What is the tolerance?
The measurement variation allowed so that the item is acceptable.
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What is the weighted mean?
The mean calculated when certain values are worth more than others.
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What is the experimental probability?
A ratio of the number of occurrences of a particular event during an experiment or trial to the total number of trials conducted.
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What is a pentagon?
A five-sided polygon.
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What is a lease?
An agreement to pay for the use of a vehicle for a specified period of time.
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What is the uncertainty?
The margin of error of a measurement.
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What is the percentile rank?
The percentage of values in a data set that are lower than a given value.
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What is the theoretical probability?
The ratio of one or more events of interest to the total number of possible outcomes.
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What is a hexagon?
A six-sided polygon.
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What is the residual value?
The vehicle's value when the lease is over, usually specified in the lease agreement.
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